Posts tagged with "Foodpanda"

February 12th, 2018The International online food ordering platform Foodpanda says, that it plans to invest Rs400 crore in the segment operating in India. The mobile food delivery marketplace plans to scale up technology to ensure an uninterrupted experience across the country with such investment. It will further hire about 25000 delivery rider in the...

February 7th, 2018Indian cab aggregator Ola has announced that it is shutting down its bus unit Ola Shuttle, as a part of a "re-balancing" of its mobility portfolio, reported Economic Times.
Ola's Shuttle bus service will now be terminated in cities of Delhi-NCR, Mumbai, Kolkata,Hyderabad and Chennai.
The news is surprising as the SoftBank backed...

December 19th, 2017Indian cab-aggregator unicorn Ola has acquired Foodpand India, run by Germany-based Delivery Hero Group. Run by ANI Technologies Pvt Ltd, Ola will also be investing around $200 million in Foodpanda's Indian business over an undisclosed period of time.
"Foodpanda India will benefit from Ola's scale and efficiencies as a platform, also...

November 29th, 2017Indian food delivery startup Foodpanda has reported its latest revenue figures FY 16-17 which reflect a 64 percent jump in the revenue over the last years.
The food-delivery company earned Rs. 62.16 crores in FY 16-17 compared to Rs. 37.81 crores in FY 15-16 owing to strong order growth in key markets.
Wrapping up a strong year for...

November 14th, 2017Online food ordering and delivery platform Swiggy today announced the launch of Swiggy Access, an initiative to bring quality food closer to consumers while enabling business expansion for its restaurant partners.
For the restaurant partners, these ready-to-occupy kitchens will offer them a basic setup with the required amenities. No...

January 26th, 2017New Delhi based online school admissions platform SchoolForSure.com has announced raising an undisclosed amount in angel funding from private investors amongst which is Rohit Chadda, co-founder Foodpanda & founder, PayLo, it said in a statement.
SchoolForSure.com which operates a single platform for filling master application form...

December 10th, 2016Berlin-based online food takeaway service Delivery Hero, one of Europe's biggest start-ups, will acquire competitor Foodpanda, a sign of further consolidation to fend off new competition in Europe's sought after food-delivery business.
Delivery Hero, which was valued at 2.89 billion euros ($3.05 billion) in its last funding round a...

August 31st, 2016Online food ordering and delivery firm Foodpanda is in the process of a fresh round of fund raising for expansion and has mandated investment bank o3 Capital for this.
The company however did not share the amount it is seeking to raise.
Foodpanda, which had attained operational profitability early this year, is aiming to regulate...

August 30th, 2016Last year before Diwali we covered an interview of a 25-year-old Bikaneri sweet shop owner from Noida "What kind of Startup Services a “Bikaneri Sweet Shop” Owner Needs?". Here we mentioned each and every point of a sweet shop owner needs from food tech startups. Though after a gap of one year we still feel that none of the food...

June 19th, 2016Online food ordering platform Foodpanda, which was under fire for laying off over 300 employees earlier this year, has implemented a near complete automation of its order flow to become more operationally efficient with lower staff levels, a top company executive said.
"The last six to eight months, we have worked on near 100 per...

March 18th, 2016Online takeaway delivery firm Foodpanda is acquiring the Hong Kong assets of U.S.-based Delivery.com as it consolidates its position in key markets while shedding assets elsewhere.
Founded in 2012, Berlin-based Foodpanda expanded rapidly worldwide through nine acquisitions fuelled by $310 million in capital it raised in six tranches,...